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Why you need FUNDING ?

Are you running your own startup?

Do you want to scale it?

Want to develop a prototype?

If your answer is YES and then the blog is dedicated for you ....

Let us understand what is funding?

Funding refers to the money required to start and/or run a business.

It is a financial investment in a company for product development, manufacturing, expansion, sales and marketing, office spaces, and inventory. Many startups choose to not raise funding from third parties and are funded by their founders only (to prevent debts and equity dilution). However, most startups do raise funding, especially as they grow larger and scale their operations. This page shall be your virtual guide to Startup funding.

Why Funding is Required by Startups?

A startup might require funding for one, a few, or all of the following purposes. It is important that an entrepreneur is clear about why they are raising funds. Founders should have a detailed financial and business plan before they approach investors.

  1. Prototype Creation

  2. Product Development

  3. Team Hiring

  4. Working Capital

  5. Legal and Consulting Services

  6. Licenses & Certifications

  7. Marketing & Sales

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